Explain the Concept of Partnership Drivers,list Four Partnership Drivers

Question

Examlex · Accepted Answer

The Answer is The partnership model incorporates the identification of "drivers" and "facilitators" of a relationship; it indicates that for a relationship to have a high likelihood of success,the right drivers and facilitators should be present.
Drivers are defined as "compelling reasons to partner." For a relationship to be successful,the theory of the model is that all parties "must believe that they will receive significant benefits in one or more areas and that these benefits would not be possible without a partnership." Drivers are strategic factors that may result in a competitive advantage and may help to determine the appropriate type of business relationship.Although there certainly are other factors that may be considered,the primary drivers include the following:
•Asset/Cost efficiency
•Customer service
•Marketing advantage
•Profit stability/Growth

Explain the Concept of Partnership Drivers,list Four Partnership Drivers

Definitions: